Market Movers

Campbell Soup stock falls after earnings loss

Denise Morrison is CEO of the world’s largest soup maker.

Sam Craft / Paris News via Associated Press

Denise Morrison is CEO of the world’s largest soup maker.


Campbell Soup Co. posted a quarterly loss of $158 million, or 50 cents per share, stung by a charge related to the potential sale of its European simple meals business. Its stock fell $1.38 to $43.33 Thursday. Earnings adjusted for the charge and other unusual items topped Wall Street estimates, but revenue missed expectations. It was up 20 percent to $1.82 billion, but Wall Street expected $1.84 billion.

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